MALCHMAN v. DAVIS

Nos. 434, 576, Dockets 84-7589, 84-7669.

761 F.2d 893 (1985)

Nathan MALCHMAN, Gerta Conway, William Deautriell and Louis Stone, Plaintiffs-Appellees, v. Leonard DAVIS, Sophie Davis, Colonial Penn Group, Inc., Colonial Penn Franklin Insurance Company, Intramerica Life Insurance Company, National Association Plans, Inc., American Association of Retired Persons, National Retired Teachers Association, Carrie B. Allen, Oranda Bangsberg, Bernard Berggren, June Biggar, Arthur Bouton, Olaf Kaasa, Clara L. Kleweno, Floyd E. Tumbleson, J. Leonard Johnson, C.E. Carmichael, American Association of Retired Persons Insurance Trust, Dorothy M. Crippen, James J. Browning, Lloyd I. Singer, Cyril F. Brickfield and John J. MacWilliams, Defendants-Appellees, Mountain Plains Congress of Senior Organizations, Mr. & Mrs. Hugh A. Groves, Francis Seely, Estelle Whittle, Henry Whittle, Mr. & Mrs. Burton W. Atkinson, Mr. & Mrs. C.E. Dietrich, Harriet Miller, and Alice Van Landingham, Objectors-Appellants.

United States Court of Appeals, Second Circuit.

Decided May 10, 1985.


Attorney(s) appearing for the Case

Michael Lesch, New York City (Fran M. Jacobs, Shea & Gould, New York City, Stanley L. Kaufman, Irving Malchman, Kaufman Malchman & Kirby, New York City, of counsel), for plaintiffs-appellees.

Sidney S. Rosdeitcher, Washington, D.C. (Steve Gey, Paul, Weiss, Rifkind, Wharton & Garrison, Washington, D.C., Jeffrey C. Slade, Meister Leventhal & Slade, New York City, of counsel), for Colonial Penn Group, Inc., and related defendants-appellees.

Geoffrey M. Kalmus, New York City (Michael S. Oberman, Kramer, Levin, Nessen, Kamin & Frankel, New York City, of counsel), for the Ass'n. defendants-appellees.

Joseph A. Yablonski, Washington, D.C. (Daniel B. Edelman, Yablonski, Both & Edelman, Washington, D.C., Phillip J. Hirschkop, Hirschkop & Grad, Alexandria, Va., Robert J. Sugarman, Sugarman, Denworth & Hellegers, Philadelphia, Pa., of counsel), for objectors-appellants.

Before MANSFIELD, OAKES and NEWMAN, Circuit Judges.


OAKES, Circuit Judge:

This approval of an antitrust class action settlement comes before us a second time. In Malchman v. Davis, 706 F.2d 426 (2d Cir.1983), we remanded approval of the settlement for further analysis of the adequacy of class representation and the adequacy, fairness, and reasonableness of the settlement itself — the latter with particular concern for the proposed award of attorneys' fees and costs in...

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